News
Ascott reports record-high $331m fee earnings in 2023
Ascott reports record-high $331m fee earnings in 2023
It also reported the highest number of property openings in a single year.
Singapore still an asset management centre despite AUM drop
Strategic location and regulatory framework bolster Singapore's appeal
ST Eng’g net profit up 9.6% to $586.5m in 2023; total dividend is 16 cents
Revenue for its commercial aerospace and USS segments rose.
HDB BTO exercise attracts over 10,500 applicants
First-timers have a good chance of getting their desired flats, analysts said.
Higher interest rate risk pressures HSBC Life SG's capital buffers
S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.
Manufacturing stocks lodge weakest January performance since 2016
The iEdge SG Adv Manufacturing Index recorded a 6.4% decline.
Phishing attacks hit fewer firms but majority of workers negligent of cybersecurity risks
The majority of employees willingly undermine the cybersecurity of their organisations.
Singapore among top Chinese New Year destinations: report
Tourists spend a lot on shopping, local food and attractions.
Archisen, FarmByte JV to develop an indoor vertical farm in Johor Bahru
The JV will invest $10.5m to build the farm.
Yanlord reports net loss of RMB934m loss for FY23
The company attributed the loss to an increase in fair value loss on investment properties.
Propnex 2023 profit drops 23.2%
Revenue also fell 18.6% in FY2023.
DPM Keat champions S’pore as global-Asia node, roots for cross-border collab
He also outlined efforts to bolster the research, innovation, and enterprise ecosystem.
Air New Zealand and Singapore Airlines' alliance extended until 2029
There will be 38 weekly return services between New Zealand and Singapore.
Golden Agri-Resources’ revenue falls 15% due to lower crude palm oil prices
The company recorded a net profit of $266m.
Geo Energy's FY23 net profit drops 62% YoY
The company attributed the decline to its lower gross profit.
Food Empire's net profit dips 6.0% YoY to $56.5m in FY23
Despite a decline, the board proposed a dividend of $0.10 per ordinary share.
CDL posts a $4.9b increased revenue in FY23
Net profit for FY23 stood at $317.3m, lower than FY2022’s $1.3b.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape